BTC Higher lows on daily, shown on 1 h timeframe, showing demand
This demand is happening close to the resistance of this 3 months consolidation.
It might be the last pullback we need before enough demand pushes us through the resistance
and up to the next consolidation flag, which might be around 80 - 100k.
Get ready as soon as we cross 72,000 $ with good volum.
See you at 80 - 100k $ :) in a week ++
It might be the last pullback we need before enough demand pushes us through the resistance
and up to the next consolidation flag, which might be around 80 - 100k.
Get ready as soon as we cross 72,000 $ with good volum.
See you at 80 - 100k $ :) in a week ++
Note
Trade exited.Won't try and predict when the breakout will happen, since that's unecessary.
Be ready, have alerts ready, and react when price breaks 72,000. Use a buy stop if you're not available to react.
In the mean time, just wait, don't trade inside the consolidation. No momentum here, bad R:R setups, choppy, slow.
Just be ready for when 72,000 breaks, as that's when the confirmation, speed and momentum begins and where the big money is made.
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